Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.02% | +0.05 | 0.97% |
| Return on Equity (%) | ▼ | 11.06% | -0.60 | 11.66% |
| Net Interest Margin (%) | ▼ | 3.35% | -0.04 | 3.39% |
| Efficiency Ratio (%) | ▲ | 71.73% | -0.76 | 72.49% |
| Pre-Provision Profit ($M) | ▲ | $1 | +0.08 | $1 |
| Cost of Funds (%) | ▲ | 1.30% | -0.05 | 1.35% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $321 | +24.83 | $296 |
| Gross Loans ($M) | ▲ | $132 | +15.62 | $116 |
| Loan Growth YoY (%) | ▲ | 49.62% | +6.95 | 42.66% |
| Total Deposits ($M) | ▼ | $261 | -5.97 | $267 |
| Shareholders Equity ($M) | ▲ | $29 | +4.18 | $25 |
| Tang. Book Value ($M) | ▲ | $29 | +4.27 | $25 |
| TBV excl. AOCI ($M)** | ▲ | $37 | +4.46 | $33 |
| Loan / Deposit Ratio (%) | ▲ | 49.62% | +6.95 | 42.66% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.02% | +0.02 | 0.00% |
| Allowance / Loans (%) | — | 1.85% | -0.22% | 2.07% |
| Net Charge-Off Ratio (%) | ▼ | 0.04% | +0.04 | 0.00% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▂█▇▆▇▇ | Net Interest Margin (%) | 3.03% | 3.05% | 3.08% | 3.39% | 3.31% | 3.30% | 3.32% | 3.35% |
| ▁▂▄▇▄▃▃█ | Return on Assets (%) | 0.76% | 0.81% | 0.87% | 0.97% | 0.89% | 0.83% | 0.85% | 1.02% |
| █▆▃▃▃▅▅▁ | Efficiency Ratio (%) | 74.8% | 73.8% | 72.6% | 72.5% | 72.8% | 73.6% | 73.5% | 71.7% |
| ▇█▆▂▂▆▂▁ | Cost of Funds (%) | 1.56% | 1.63% | 1.55% | 1.35% | 1.37% | 1.51% | 1.38% | 1.30% |
| ▁▁▁▁▁▁▁█ | NPA / Assets (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| ▁▁▁▁▁▁▁█ | Net Charge-Off Ratio (%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% |
| ▁▃▂▄▄▇██ | Tang. Book Value ($M) | $22 | $24 | $24 | $25 | $25 | $28 | $29 | $29 |
| ▁▃▃▁▄▅██ | Gross Loans ($M) | $115 | $121 | $122 | $116 | $124 | $125 | $133 | $132 |
| ▄▂██▁▆▅▆ | Total Deposits ($M) | $256 | $250 | $266 | $267 | $246 | $259 | $259 | $261 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 7% |
| Agricultural | 21% |
| Consumer | 3% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 21% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 11% |